Bitcoin eyes $25K as BTC price nears best weekly close in 5 months
Bitcoin (BTC) spiked into key liquidity for a third time on Jan. 29 as the weekly and monthly closes loomed. BTC/USD 1-hour candle chart (Bitstamp)....
Tag : cryptocurrency news
FTX creditors list, BlockFi $1.2B exposure and new Celsius token: Hodler’s Digest, Jan. 22-28
Top Stories This Week FTX creditor list shows airlines, charities and tech firms caught in collapse The complete list of creditors owed money by the...
US gov’t $1.5T debt interest will be equal 3X Bitcoin market cap in 2023
Commentators believe that Bitcoin (BTC) bulls do not need to wait long for the United States to start printing money again. The latest analysis of...
Bitcoin ‘so bullish’ at $23K as analyst reveals new BTC price metrics
Bitcoin (BTC) remains firmly “bullish” at $23,000, according to new on-chain metrics from one of the industry’s best-known names. In a preview on Jan. 28,...
Hackers take over Azuki’s Twitter account, steal over $750K in less than 30 minutes
Azuki, a popular nonfungible token (NFT) project, had its Twitter account compromised on Jan. 27, leading to hackers stealing over $750,000 worth of USD Coin (USDC) by...
Total crypto market cap rises above $1T — data suggests more upside is in store
Despite the recent negative crypto and macroeconomic newsflow, the total cryptocurrency market capitalization broke above $1 trillion on Jan. 21. An encouraging sign is that...
Aave deploys V3 on Ethereum after 10 months of testing on other networks
The third version of crypto lending app Aave has now been deployed to Ethereum for the first time, according to a Jan. 27 tweet thread...
Price analysis 1/27: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, AVAX
After two weeks of a stupendous rally, Bitcoin’s (BTC) price has largely been flat this week. This is a positive sign, as it shows that...
New York Assembly introduces crypto payments bill for fines, taxes
A bill introduced to the New York State Assembly on Jan. 26 would allow state agencies to accept cryptocurrency as a form of payment for...
Opinion: 3 tips for trading Ethereum this year
Cryptocurrency is a notoriously volatile industry, regardless of what coin you’re trading. During periods of extreme volatility, it’s easy to become disheartened when trades don’t...
Bitcoin will hit $200K before $70K ‘bear market’ next cycle — Forecast
Bitcoin (BTC) has “well-formed” evidence, which suggests that its next all-time high will top out at $200,000, one analyst says. In a tweet on Jan....
Creating self-sovereignty in the creator economy and Web3 — Is there room for both?
On this week’s episode of NFT Steez, hosts Alyssa Exposito and Ray Salmond meet with Web3 content writer Julie Plavnik to discuss the importance of...
State senator pushes bill to make Bitcoin legal tender in Arizona
Wendy Rogers, an Arizona state senator in the United States, has launched bills concerning cryptocurrency, including one that aims to make Bitcoin (BTC) legal tender...
What is an ascending triangle pattern and how to trade it?
Market analysts rely on many technical indicators to anticipate future trends, one of which is the very-popular ascending triangle chart pattern. What is an ascending...
US institutions account for 85% of Bitcoin buying in ‘very positive sign’ — Matrixport
Institutional investors are “not giving up on crypto,” with recent data pointing to as much as 85% of Bitcoin buying being the result of American...
Argo Blockchain accused of misleading investors in class-action lawsuit
Investors of crypto mining firm Argo Blockchain have filed a class-action lawsuit accusing the miner of making untrue statements and omitting key information during its...
Bitcoin miner Hut 8 takes stoush with Ontario power supplier to court
Canada-based Bitcoin (BTC) miner Hut 8 Mining Corporation has ramped up its ongoing fight with its power supplier for one of its mining sites, filing...
Bithumb in turmoil, Binance’s 47K law requests, Axie players down 85%: Asia Express
Our weekly roundup of news from East Asia curates the industry’s most important developments. Bithumb in turmoil On Jan. 25, Yonhap Infomax reported that South...
Data shows pro Bitcoin traders want to feel bullish, but the rally to $23K wasn’t enough
Bitcoin (BTC) price had a mixed reaction on Jan. 25 after the United States reported a 2.9% gross domestic product growth in the fourth quarter,...
SEC once again rejects ARK 21Shares Bitcoin ETF listing
The United States Securities and Exchange Commission has once again rejected a proposal to list the ARK 21 Shares Bitcoin ETF on equities exchange Cboe...
The legal dangers of getting involved with DAOs
Buying DAO tokens? That’s no longer risk-free: Courts might consider you a partner in the business and judge you liable for millions in hacked funds....
ChatGPT learns Bitcoin will end central banking and fiat currency
ChatGPT is a powerful new AI tool, capable of problem-solving, advanced coding, answering complicated questions and now–spelling out the end of fiat currencies. Parman, a...
How to mine Bitcoin at home
Bitcoin mining (BTC) is the process of adding transactions to the Bitcoin blockchain, a decentralized public ledger of all Bitcoin transactions. Miners use powerful computers...
Bitcoin hash rate taps new milestone with miner hodling at 1-year low
Bitcoin (BTC) is seeing new records in network activity as volatility sends BTC price action to fresh five-month highs. Data from resources including MiningPoolStats confirms...
Elon Musk’s Tesla held onto its Bitcoin in Q4 despite market turbulence
Electric vehicle manufacturer Tesla refused to offload any more Bitcoin (BTC) during the latter half of 2022 despite selling off 75% of its holdings in...
Price analysis 1/25: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, AVAX
Bitcoin (BTC) has been consolidating near $23,000 for the past few days. The next big question troubling investors is whether the rally is over or...
NFT creator: Amber Vittoria crushes it in her ‘Big Girl Pants’
Artist name: Amber VittoriaLocation: Los AngelesDate minted first NFT: March 1, 2021Which blockchains? Ethereum, Tezos Bio: Before she even turned 30, Amber Vittoria had made...
UK Bitcoin community reacts to incoming CBDC and digital pound rollout
The UK Government’s economic and finance ministry, HM Treasury, is recruiting for a Head of central bank digital currency (CBDC) to lead the development of...
Bitcoin faces ‘considerable danger’ from Fed in 2023 — Lyn Alden
Bitcoin (BTC) still risks “considerable danger” in 2023 as macroeconomic conditions dictate price action. That is according to economist Lyn Alden, who in private comments...
Bitcoin mining brings more than money to this East African country
A Bitcoin (BTC) mining project that taps into clean, stranded and excess hydro energy in Malawi has picked up steam. The company behind the project,...
What is a crypto index fund, and how to invest in it?
While the COVID-19 pandemic’s long-term socioeconomic effects are yet to be known, most economies are still dealing with the effects of the global financial crisis....
Nifty News: Porsche ends ‘low effort’ NFT mint early, Oreo dunks into the Metaverse and more
Porsche criticized for ‘low effort’ NFTs, ends mint early Car manufacturer Porsche had to cut short a nonfungible token (NFT) mint of its famous white...
Six on-chain metrics suggesting Bitcoin is a ‘generational buying opportunity’
Several on-chain metrics from the Bitcoin (BTC) network are flashing buy signals following this year’s rally. Bitcoin has broken out of its torpor to notch...
Ethereum futures and options data reflect investors’ growing confidence in ETH price
The price of Ether (ETH) rallied 16% between Jan. 14 and Jan. 21, peaking at $1,680 before facing a 5.4% rejection. Curiously, the same resistance...
Reformed ‘altcoin slayer’ Eric Wall on shitposting and scaling Ethereum
Although he’s had a variety of jobs in the industry, including a stint as Arcane Asset’s chief investment officer, Eric Wall is probably best known...
Listen-and-Earn allows Bitcoin payments for podcasters and listeners
Crypto has tapped into various industries over the years to enable users with the unique ability to micro-monetize their actions. Play-to-earn gaming, along with earning...
Binance holds token collateral and user funds on same wallet by ‘mistake’
Major cryptocurrency exchange Binance reportedly admitted that it mistakenly stores some customer funds in the same wallet with its collateral for some in-house tokens. After...
5 quick steps Markets Pro members used for 120x returns trading the news in 2021 & 2022
Want to learn a real strategy to potentially make a lot of money buying and selling cryptocurrencies? These secrets can’t be found anywhere else —...
What is the Bitcoin Loophole, and how does it work?
Bitcoin Loophole facilitates Bitcoin (BTC) trading through automated crypto trading software. It uses trading bots to help users make financially sound decisions in the crypto...
Genesis creditors file securities lawsuit against Barry Silbert and DCG
Troubled cryptocurrency company Digital Currency Group (DCG) is facing more legal issues as its subsidiary Genesis Capital got slapped with a new class action lawsuit....
Ethereum devs create ‘shadow fork’ to test conditions for Ether withdrawals
As the proposed date for the Ethereum Shanghai update draws closer, developers have created a testing environment called a “shadow fork,” according to a Jan....
Vitalik Buterin divulges the ‘largest remaining challenge’ for Ethereum
Ethereum co-founder Vitalik Buterin has shared a possible solution to what he describes as the “largest remaining challenge” for Ethereum — privacy. In a blog...
Genesis files for bankruptcy, FTX explores a reboot, and Bitzlato news: Hodler’s Digest: Jan. 15-21
Top Stories This Week Crypto lender Genesis files for Chapter 11 bankruptcy FTX contagions continue to spread through the crypto industry, with Genesis Capital filing...
Bitcoin due new ‘big rally’ as RSI copies 2018 bear market recovery
Bitcoin (BTC) is in for a new “big rally” as market strength copies conditions from after the 2018 bear market. According to the latest analysis,...
Dead cat bounce? Bitcoin price nears $23,000 in fresh 5-month high
Bitcoin (BTC) took a swing at $23,000 into Jan. 21 as Asia buyers drove fresh market strength. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bid...
Bitcoin price rally provides much needed relief for BTC miners
Bitcoin mining powers network transactions and BTC price. During the 2021 bull run, some mining operations raised funds against their Bitcoin ASICs and BTC reserves....
DeFi should complement TradFi, not attack it: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last...
Price analysis 1/20: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, AVAX
The United States equities markets are on track to finish the week in the red but that has not resulted in a deeper loss for...
Bitcoin eyes $21.4K zone as analyst predicts BTC price will chase gold
Bitcoin (BTC) rose toward new multi-month highs on Jan. 20 as analysis predicted a new trading range above $18,000. BTC/USD 1-hour candle chart (Bitstamp). Source:...
NFT Steez and Cryptoys CEO discuss the future of toys and entertainment within Web3
This week, NFT Steez met with Cryptoys founder Will Weinraub to discuss the current role of play and toys in regard to their integration with nonfungible tokens...
Bitcoin mining in a university dorm: A cooler BTC story
The humble university dorm is a place for students taking their undergraduate degrees to study, rest, make new friends, host wild dorm parties and, of...
FTX reboot could falter due to long-broken user trust, say observers
Several crypto industry commentators have expressed skepticism about FTX CEO John Ray’s vision to potentially reboot the crypto exchange, citing trust issues and “second-class” treatment...
Samsung’s Bitcoin ETF, $700M bust, Coinbase exits Japan: Asia Express
Our weekly roundup of news from East Asia curates the industry’s most important developments. Samsung’s new Bitcoin ETF On Jan. 13, Samsung Asset Management, a...
Decentralized forex will reduce cost by as much as 80%: Report
If the foreign exchange market starts using decentralized finance (DeFi) protocols instead of the current centralized systems, the cost of remittances could be reduced by...
OKX declares $7.5B in liquid assets in proof-of-reserves report
Crypto exchange OKX disclosed $7.5 billion in reserves of Bitcoin (BTC), Ether (ETH) and Tether (USDT) as part of its monthly proof-of-reserves (PoR) report. Based...
Bitcoin miner CleanSpark expands operations in Georgia
Bitcoin (BTC) miner CleanSpark is expanding operations in the state of Georgia, adding to its mining capacity despite the ongoing bear market. Groundbreaking on a...
DeFi problems and opportunities in 2023: Market Talks
On this week’s episode of Market Talks, Cointelegraph welcomes Grant Shears, founder of Blocmates — an educational and consultancy company that aims to create crypto,...
Bitcoin price corrected, but bulls are positioned to profit in Friday’s $580M BTC options expiry
Bitcoin (BTC) price has held above $20,700 for 4 days, fueling bulls’ hope for another leg up to $23,000 or even $25,000. Behind the optimistic...
Bitcoin faces $15K crash as US sparks ‘financial meltdown’ — Arthur Hayes
In his latest blog post released on Jan. 19, Arthur Hayes, the former CEO of the BitMEX exchange, predicted a “global financial meltdown” thanks to...
How to prevent AI from ‘annihilating humanity’ using blockchain
When he’s not working on hastening humanity’s rush toward the Singularity by creating an artificial general intelligence (AGI), Ben Goertzel plays in a jazz-rock band...
SSV launches $50M ecosystem fund to support ETH staking tech
Validator infrastructure developer ssv.network has launched a new ecosystem fund to support Ethereum proof-of-stake decentralization — a move that the company said would promote innovation...
1inch launches proprietary hardware wallet as self-custody trend grows
Decentralized exchange (DEX) aggregator 1inch Network is the latest cryptocurrency platform to move into the hardware wallet industry amid the rise of self-custody. On Jan....
Compass Mining sued for losing Bitcoin mining machines bought by customers
Customers are suing Compass Mining for over $2 million, alleging fraud, after the company cut ties with Russian hosting company Bit River and failed to...
Bitcoin can pass $30K before setting new bear market low — forecast
Bitcoin (BTC) may gain another 50% before seeing a mass sell-off to complete its bear market, new research predicts. In the latest edition of its...
Bitcoin crowd sentiment hit multi-month high as BTC price touches $21K
Bitcoin (BTC) climbed to a four-month high above $21,000 in the third week of January, embellishing trader’s hope. The market has seen the most substantial...
FinCEN lists Binance among the top Bitcoin counterparties of Bitzlato
The United States Financial Crimes Enforcement Network (FinCEN) — a bureau of the Treasury Department — has argued that Binance is linked to the illegal...
C-C-C-Combo breaker: Bitcoin ends ‘ridiculous’ 14-day winning streak
The two-week-long Bitcoin (BTC) winning streak has finally come to an end, after the cryptocurrency formed its first red candle on Jan. 18. The day...
Soaring growth of Ethereum layer-2 networks set to continue in 2023
Ethereum layer-2 networks have gone through an explosive growth phase over the past couple of months, a trend that is set to continue in 2023....
Ethereum price rally under question after ETH slams into resistance at $1.6K
Ether (ETH) price is struggling to overcome resistance at $1,600 and this is the altcoin’s third attempt since September. Some would say the 33% year-to-date...
Price analysis 1/18: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, AVAX
The United States producer price index (PPI) fell 0.5% for the month, which was much more than the 0.1% decline estimated by economists surveyed by...
Bitcoin and Ethereum correct amid Bitzlato takedown, tech layoffs and economic worries
Bitcoin (BTC) price and the wider crypto market corrected as news of coordinated “international cryptocurrency enforcement action” stirred up uncertainty among traders. Given the number...
Bitcoin sees new 4-month high as US PPI, retail data post ‘big misses’
Bitcoin (BTC) set yet another multi-month high before the Jan. 18 Wall Street open as United States macroeconomic data fell far wide of expectations. BTC/USD...
Crypto Mason’s death threats from maxis: Hall of Flame
Name: Mason Versluis — aka “Crypto Mason” Anonymous: No Twitter followers: 146.2K Known for: Garnering over 1 million followers on social media before he could...
Will Bitcoin price crack $22K? Dollar weakness, Bank of Japan easing boost hopes
Bitcoin (BTC) faced a potentially volatile day on Jan. 18, with multiple macro triggers beginning to unsettle the outlook. BTC/USD 1-hour candle chart (Bitstamp). Source:...
Coinbase stops Japan operations amid trading slump
Despite Bitcoin (BTC) returning to pre-FTX collapse price levels, the contagion still affects the industry, forcing Coinbase cryptocurrency exchange to close operations in Japan. Coinbase...
Tucker Carlson outlines wild theory to explain Bitcoin price rise: ‘Maximum tin foil’
Controversial Fox news television host Tucker Carlson has proposed a curious conspiracy theory that seeks to link airline delays in the United States and Canada...
Number of devs increased during crypto winter: Electric Capital report
The notion that bear markets are good for builders appears to be true, with the total number of monthly active Web3 developers increasing 5.4% to...
Crypto stocks surge: Coinbase up 69%, MicroStrategy up 74% since lows
The share price of cryptocurrency exchange Coinbase has surged by 69% since its all-time lows, and other crypto-related stocks including business intelligence firm MicroStrategy have...
‘There will be many more zeros’ — Kevin O’Leary on FTX-like collapses to come
Unregulated crypto exchanges will continue to fall like dominoes post-FTX, with plenty more “meltdowns” to come, warns Shark Tank star and investor Kevin O’Leary. The...
Crypto recruitment execs reveal the safest jobs amid layoff season
Despite a wave of heavy crypto layoffs to start the new year, employees in technical and engineering roles, as well as senior management, will likely...
Are we still mad at MetaMask and ConsenSys for snooping on us?
The cryptocurrency community has a tendency to fixate on a new issue every few weeks and then promptly forget about it. The limited attention span...
How to resurrect the ‘Metaverse dream’ in 2023
2022 was the year the wheels fell off the metaverse bandwagon, which had been the most hyped narrative as the year began. By far the...
Bitcoin DeFi ecosystem explained
Besides wBTC, Stacks and Rootstock, BadgerDAO, RenVM and Liquid Network promote various use cases of Bitcoin DeFi. BadgerDAO A decentralized autonomous organization (DAO) called BadgerDAO...
Bitcoin hits new post-FTX high as analysis warns move ‘choreographed’
Bitcoin (BTC) hit new two-month highs overnight into Jan. 19 as suspicions over the market’s validity gained momentum. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView...
SEC of Thailand issues crypto custody provider rules
The Securities and Exchange Commission (SEC) of Thailand is working to better protect cryptocurrency investors by introducing new rules for crypto custody services. On Jan....
Crypto mining stocks surge to yearly highs after Bitcoin bounces back
The Bitcoin (BTC) price rebound to a multi-month high has also positively affected mining stocks. Many crypto-mining stocks recorded their best monthly performance in a...
BTC forming bottom akin to 2018 with one key difference: Bloomberg analyst
Mike McGlone, Bloomberg’s senior commodity strategist, believes Bitcoin (BTC) could be developing a “bottom” in the same way it did prior to 2019’s bull run...
DeFi, DAOs and NFTs: Crypto is redefining how charities raise funds
Nonfungible tokens (NFTs), decentralized autonomous organizations (DAOs) and decentralized finance (DeFi) are redefining how charities raise donations and distribute funds to those most in need. Through ever-evolving...
How crypto tokens (but not Bitcoin) will outperform stocks in 2023 — Arca’s CIO explains
Digital assets will largely decouple from traditional equity markets in 2023, believes Arca chief investment officer Jeff Dorman. Discussing his outlook for 2023 in a...
Monex wants to buy FTX Japan amid bankruptcy proceedings: Report
FTX Japan, one of the four FTX assets put on sale, caught the eye of Monex Group, an online brokerage firm based in Tokyo. In...
Bitcoin vs Ethereum: Community split between capped supply and deflationary model
Bitcoin (BTC) and Ether (ETH), the top two cryptocurrencies by market capitalization have always been pitted against each other. With the start of the new...
Bitcoin could see $25K by March 2023 as U.S. dollar prints ‘death cross’ — analysis
Bitcoin (BTC) shows the potential of stretching its ongoing price recovery to $25,000 by March, based on a mix of bullish technical and macro indicators....
Binance, Huobi team up to recover $2.5M from Harmony One hackers
Security teams at crypto exchanges Binance and Huobi worked together to freeze and recover 121 Bitcoin (BTC) from hackers behind the Harmony bridge exploit. In...
BTC price cancels FTX losses — 5 things to know in Bitcoin this week
Bitcoin (BTC) starts a new week at new 2023 highs, but still divides opinion after a blistering price rally. In what is shaping up to...
One of the largest US colleges has begun teaching students about Bitcoin
Classroom adoption of Bitcoin and cryptocurrency courses continue to skyrocket, with Texas A&M now being the latest U.S. College to offer a Bitcoin course to...
SBF denies stealing FTX assets, SEC charges Gemini and Genesis, and more: Hodler’s Digest: Jan. 8-14
Top Stories This Week Sam Bankman-Fried: ‘I didn’t steal funds, and I certainly didn’t stash billions away.’ In a “pre-mortem overview” of FTX’s bankruptcy, Sam...
Can Canada stay a crypto mining hub after Manitoba’s moratorium?
Canada has remained a peculiar regulatory alternative to the neighboring United States in regard to cryptocurrency. While its licensing process has become more stringent than...